< 1 pct. IFT Option

[Show-me]

Re: <1%IFT Option

I created a read only thread at the request of our members for the 1% option to keep it clean and simple. Use this one to talk.

 

[grandma]

Re: <1%IFT Option

My understanding is, that even having used up my 2 IFT's I could still do <1%, and I did a few weeks ago - BUT - now - different story.
...so...what am I doing wrong?:embarrest: Earlier this week I transfered my `I' into G; at the same tx I was going to move <1% from G into F. They refused, I thought maybe it was because they were interpreting it as a tx from I into F. So I skipped adding any to F at that time.
Tonight it won't let me move 1% into F - keeps telling me I am more than welcome to put some more in G, but forget taking any out.
Whole numbers have to be entered, so it can't be because I am adding a `1' to the already < 4.
Did they change? I've done this before, I can't figure out what the deal is tonight.
And I've gone back & read SB's directions, and those following, too.
I guess I got addled hanging on that Christmas gutter ...I think the Postal Dept mailmanusa is stealing the ladder, anyway.
Well, if anybody is still up, maybe you can help me out here. !

 

[KevinD]

Re: <1%IFT Option

What is your percentage in F? If it's a whole number you have to wait till it's not. If it's 4.00 then you have to wait till it's somewhere between 4.01 and 4.99. Then you can make it 5.00.

 

[nasa1974]

Re: <1%IFT Option

grandma,

KevinD asked the question that I was going to ask. I know that you have done <1% moves before but like KD said you have to remember that you need .01 to .99 in order to increase to the next whole number. Hopefully one of the members that have already made two IFT's this month can test the <1% option to see if it working.

 

[KevinD]

Re: <1%IFT Option

Just tried it. It's working...

EDIT: I just went back and canceled my <1% request...but it IS working.

 

[nasa1974]

Re: <1%IFT Option

Just tried it. It's working...

EDIT: I just went back and canceled my <1% request...but it IS working.

Thanks KD. I went into my account and made a <1% move also and then remembered that it was my first IFT for the month so the move didn't prove anything. Went back in and cancelled also.

 

[grandma]

Re: <1%IFT Option

okay - my problem was since I had requested `4 F' please at the last FT, I was refusing to believe the `3.99%' they had me down for was accurate..... I wanted 5 & was going to PushForIt !!!
- not much you can do about the Big Red Letters they throw
back atcha!!
Turns out it doesn't matter what I think it should say!
The `C' was at 12.93', so it took that <1% increase to 13.....
I will remember from this point on, that what They say is What It Is !!!
Please note the smile on this slightly embarrassed face - !

Thank you all for your prompts !!

 

[nasa1974]

Re: <1%IFT Option

grandma,
No problem. I actually added some more infomation to my Excel program I use to track my TSP account. One part is the percentages in each fund. It helps me when I decide to do a <1% move. I have crossed checked with my government TSP account and I am pretty dead on. I can E-mail you a copy if you would like? Actually my Excel program is available to anyone that would like it.

 

[grandma]

Re: <1%IFT Option

grandma,
I can E-mail you a copy if you would like? Actually my Excel program is available to anyone that would like it.

Is it Computer Dummy proof??
View attachment 7578

 

[nasa1974]

Re: <1%IFT Option

Is it Computer Dummy proof??
View attachment 7578

It is not completely dummy proof. But it is pretty easy to use. Add your shares per fund and the share per fund and it pretty much fills every thing else in. I got your message. I will send it off in a little bit.

 

[nasa1974]

Re: <1%IFT Option

I should add that my spreadsheet is in "Office 2007".

 

[grandma]

Re: <1%IFT Option

I should add that my spreadsheet is in "Office 2007".

...and..your point is ... ??
My Office is 2000.

There is a fantastic site called `gotomypc.com' that some of you traveling execs probably already know about. It costs, but when my free month was up & I couldn't renew, they gave me a <1/2 price offer so I kept it - for now!
Anyway, it works great for use when I've messed up something on here, and my Virginia son can pop in, take over, and get things back into their proper places...
-just an FYI in case any have family members always wanting you to `Get OVER here! -and fix this!' View attachment 7579

 

[FUTURESTRADER]

Re: <1%IFT Option

grandma,

KevinD asked the question that I was going to ask. I know that you have done <1% moves before but like KD said you have to remember that you need .01 to .99 in order to increase to the next whole number. Hopefully one of the members that have already made two IFT's this month can test the <1% option to see if it working.

Rounding up a full percentage.

Maybe this has been addressed, but the percentage that shows on your daily statement is only two decimal points..i.e. 2.00% in C. I think it could be 3 or 4 decimals i.e., 2.0000% or at something 2.0056%, in which case, the .0006 rounds it up to 2.01, THEN what appeared to be 2.00% can be rounded up to 3.00%. I do it all the time.

this may conflict with updating same percentage every day??..or it may work in concert with

 

[Boghie]

Re: <1%IFT Option

SqualeBear - Again, thanks for this technique...

I am going to try to use the L2010 as the basis for a self reallocating store of conservative holdings during this current mess - EuroTrash zone heading for the dumper. The L2010 allocation has a 3% Risk/3% Return to Risk ratio according to my Quicken thingy.

However, in an attempt to allow me to grow my standard deviation in the event of a market recovery I will be placing at least a point in F/C/S/I/L2020/L2030/L2040. The initial allocation also has a 3% Risk/3% Return to Risk ratio according to my Quicken thingy. So, that is a good thing.

That should allow me to move up to 7% into riskier investments every day - and still have the L2010 holdings reallocate automatically.

Gotta work the math. Don't want to overly damage the security of my initial L2010 holdings.

Geez, I hate the IFT limit.

 

[Guest2]

Re: <1%IFT Option

SqualeBear - Again, thanks for this technique...

I am going to try to use the L2010 as the basis for a self reallocating store of conservative holdings during this current mess - EuroTrash zone heading for the dumper. The L2010 allocation has a 3% Risk/3% Return to Risk ratio according to my Quicken thingy.

However, in an attempt to allow me to grow my standard deviation in the event of a market recovery I will be placing at least a point in F/C/S/I/L2020/L2030/L2040. The initial allocation also has a 3% Risk/3% Return to Risk ratio according to my Quicken thingy. So, that is a good thing.

That should allow me to move up to 7% into riskier investments every day - and still have the L2010 holdings reallocate automatically.

Gotta work the math. Don't want to overly damage the security of my initial L2010 holdings.

Geez, I hate the IFT limit.

No, Thank you ! AND everyone here at TSPTalk.com

 

[Boghie]

Re: <1%IFT Option

Bumpin' the <1% strategy so a new crop of newbies can enjoy the fruits of SqualeBear's devious mind

 

[EmoDx]

Re: <1%IFT Option

Boghie,
Thanks for the bump. I have my head wrapped around the the way this <1% strategy. But I do have a couple of questions to ask:

With the way the member auto tracker is set up, will it accept the <1% changes and adjust my standing accordingly?

If I were to have %96 G, 1% F, %1 C, %1 S, %1 I, would that mean my risk/reward level would be +/- %4?

I understand how the L funds work; but what is the benefit of having 1% in the L funds when using the <1% strategy?

Thanks in advance!

- Emo

* Edited percentages to equal 100%.

 

[Boghie]

Re: <1%IFT Option

Emo,

I see a kindred spirit in the way you write and think.

With the way the member auto tracker is set up, will it accept the <1% changes and adjust my standing accordingly?

No, Tom (the purveyor of this fine site) has no clue of the actual amount of casholla you have in your TSP account. And, he can't know the initial fractionals you are working with. CH and I have yakked about this a bit over beer and Mexican food and have no solution. The 'problem' also arises when paycheck contributions come into play. It will affect returns more when you have a smaller asset base. My advice. Do well and prosper and don't get too competitive with the AutoTracker. It's for fun. And, more importantly, it’s a tool to help you get your actual return (sometimes called an Internal Rate of Return (IRR) or Compound Annual Growth Rate (CAGR)). You know how your allocation is doing without the data being polluted by paycheck contributions.

Oh my...

I should read before I type. You enter the data into the AutoTracker. Thus, it will adjust your 'standing'. Your standing adjusts based on the performance of your allocation compared with us sods out here.​

If I were to have %96 G, 1% F, %1 C, %1 S, %1 I, would that mean my risk/reward level would be +/- %4?

A 96% holding in the ‘G Fund’ will give you the ‘G Fund’ return +/- a tiny fractional. So tiny it isn’t worth the effort to compute. My guess is that you got the 4% number from one of my attempts to attain the LIncome performance from Quicken. The LIncome and L2010 incorporate holdings from all the funds – all greater than 1%. My guess is that a 96% holding in G will give you about 2.375%. The risk approximates 0 because it is guaranteed by the full faith and confidence of the government. Treasuries will default before the bond assets in the ‘G Fund’.​

An allocation like the one you presented is simply a setup for <1% moves. In affect, you have bailed to safety – but, still want some ability to migrate back into the other funds if your bailout was ill timed.​

I understand how the L funds work; but what is the benefit of having 1% in the L funds when using the <1% strategy?

Each of the L funds has some of its allocation set toward F/C/S/I. Even the LIncome fund has 26% of its assets invested in F/C/S/I. Thus, leaving that percentage point (FuturesTrader seems to leave 2%) in the five L funds gives you the ability to move another <5% into funds with more equities than the ‘G Fund’.​

Finally, if your allocation changes you can update the AutoTracker. There is no limit to changing that. Maybe Tom will challenge (or the folks here will challenge) the accuracy of big moves after your first two IFTs. I don’t know. We are all honest chaps here…

 

[tsptalk]

Re: <1%IFT Option

Finally, if your allocation changes you can update the AutoTracker. There is no limit to changing that. Maybe Tom will challenge (or the folks here will challenge) the accuracy of big moves after your first two IFTs. I don’t know. We are all honest chaps here…

We currently don't automatically limit the # of transfers entered in the AutoTracker like the TSP does, although I did recently add a message to pop up after IFT #2 to say, are you sure this is a legitimate transaction?

One of our members questioned the moves of another the other day, and it turned out they were making many transfers in the AT each month, saying he was just "trying different things" and not mirroring their TSP account . I sent them a message and straightened it out. The worse thing that might happen if the transfers are not within the TSP rules is, you may not be eligible for prizes that month / year but if it is an ongoing problem, I'll just delist the account.

It is pretty obvious when someone's IFT is using the < 1% move and will allow all of them. If there's a problem I will just ask you about it.

With 500+ participants, it is pretty self-regulated. You can easily see who is making more than the allowed IFT's in the standings, and then you can check out their IFT history to see if they are legit or not.

If anyone ever sees some strange activity, just let me know and I'll check it out.

Thanks!

 

[EmoDx]

Re: <1%IFT Option

Emo,

I see a kindred spirit in the way you write and think.

With the way the member auto tracker is set up, will it accept the <1% changes and adjust my standing accordingly?

No, Tom (the purveyor of this fine site) has no clue of the actual amount of casholla you have in your TSP account. And, he can't know the initial fractionals you are working with. CH and I have yakked about this a bit over beer and Mexican food and have no solution. The 'problem' also arises when paycheck contributions come into play. It will affect returns more when you have a smaller asset base. My advice. Do well and prosper and don't get too competitive with the AutoTracker. It's for fun. And, more importantly, it’s a tool to help you get your actual return (sometimes called an Internal Rate of Return (IRR) or Compound Annual Growth Rate (CAGR)). You know how your allocation is doing without the data being polluted by paycheck contributions.

Oh my...

I should read before I type. You enter the data into the AutoTracker. Thus, it will adjust your 'standing'. Your standing adjusts based on the performance of your allocation compared with us sods out here.​

If I were to have %96 G, 1% F, %1 C, %1 S, %1 I, would that mean my risk/reward level would be +/- %4?

A 96% holding in the ‘G Fund’ will give you the ‘G Fund’ return +/- a tiny fractional. So tiny it isn’t worth the effort to compute. My guess is that you got the 4% number from one of my attempts to attain the LIncome performance from Quicken. The LIncome and L2010 incorporate holdings from all the funds – all greater than 1%. My guess is that a 96% holding in G will give you about 2.375%. The risk approximates 0 because it is guaranteed by the full faith and confidence of the government. Treasuries will default before the bond assets in the ‘G Fund’.​

An allocation like the one you presented is simply a setup for <1% moves. In affect, you have bailed to safety – but, still want some ability to migrate back into the other funds if your bailout was ill timed.​

I understand how the L funds work; but what is the benefit of having 1% in the L funds when using the <1% strategy?

Each of the L funds has some of its allocation set toward F/C/S/I. Even the LIncome fund has 26% of its assets invested in F/C/S/I. Thus, leaving that percentage point (FuturesTrader seems to leave 2%) in the five L funds gives you the ability to move another <5% into funds with more equities than the ‘G Fund’.​

Finally, if your allocation changes you can update the AutoTracker. There is no limit to changing that. Maybe Tom will challenge (or the folks here will challenge) the accuracy of big moves after your first two IFTs. I don’t know. We are all honest chaps here…

The amount in each individuals account is a non-issue, nor is allocation contributions. If each person in the auto tracker starts with 1, as gains and losses are realized, that 1 fluctuates also. So hence my curiosity if we could do the <1% in the auto tracker to capture the reality of our individual accounts.

I understand the 0% risk of the G, but was trying to understand the risk of the allocation into the Equity funds.

The addition of L funds is to be able to ramp up exposure to equities in a volatile market. For example, if the market was flat, then hit a patch of volatility which may signal a breakout to either side. If I was 1%, 1%, 1% in CSI, the L funds would be good for another 3% exposure to equities? In theory I could adjust my exposure to equities up a hair shy of 6% a day, yes?

- Emo